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Tesla Motors preps for its $35k Model 3 with a new battery factory in Nevada

Tesla Motors is going to need to expand production to hit its goal of selling a $35,000 electric vehicle by 2017, and as rumored, today it’s announcing plans for a new plant in Nevada that will help it get there. Several states were in the running to host the “Gigafactory” but Elon Musk and Co.

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